Dynamo Analytics' web-based automation platform, Psicle, is a repeat winner of InsuranceERM's reserving solution of the year title, providing solutions that enable teams to transform and automate their actuarial modelling into faster processes.

Several clients have relied on Psicle to automated reserving, TPs, IFRS 17 and the SCR, processes, using the solution as an end-to-end modelling solution across key workflows.

A growing base includes Ariel Re, which recently concluded a successful reserving implementation with their actuarial team benefitting from a faster, more transparent, and auditable process that enables them to focus on high-value analysis and decision-making. Ariel Re plans to expand its use of Psicle beyond claims reserving, moving toward establishing a best-in-class global standard for actuarial modelling. 

Psicle also allows insurers to take more fragmented processes towards a centralised end-to-end solution. Automated data triggers can kick start initial model runs, facilitating effective actuarial analysis and reserving selections. Clients can also tailor these results towards specific stakeholders through interactive dashboards specific to their needs.

Psicle is also incorporating artificial intelligence and machine learning and has introduced Python coding functionality for clients, while ensuring that these techniques and technologies are part of a governed and structured process.